Lending Officer jobs in Lawrence, MA
Lending Officer conducts lending activities for an assigned market or geographic area. Develops a pipeline of customers through referrals, inquiries, and outreach. Being a Lending Officer performs a due diligence review of potential borrowers, including a risk and financial analysis. Structures loan proposals, prepares credit memos, and presents to loan committee for approval. Additionally, Lending Officer may manage a portfolio of existing loans, including reviewing financial reporting, monitoring compliance with loan terms, and handling loan modifications or workouts. Ensures adherence to regulations, bank credit policies, and procedures. Typically requires a bachelor's degree. Typically reports to a manager. The Lending Officer work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Lending Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Lending Officer jobs
Consumer Lending Administrator
- Salem Co-operative Bank
-
Salem, NH
FULL_TIME
-
Ready to make a difference? At Salem Co-operative Bank, we pride ourselves on offering a work environment where customer service and success are consistently placed front and center. Founded in 1922, we’ve grown in size, expanded our products and services, and learned to improve from 100 years of experience. Every customer is treated as a unique individual, knowing that not all customers’ needs are the same. Our commitment to our community is evident in our philanthropic foundation, Salem Community Benefit, which has contributed over $1.6 million to local organizations. Each year our employees spend many hours volunteering at local organizations in the Salem and Merrimack Valley areas. If you are ready to make a difference professionally, personally, and in the community, we want to meet you!
We are looking for a Consumer Lending Administrator to provide internal and external support services for all business channels related to Consumer Lending. You will build strong relationships with new and existing auto dealers, review loan packages for accuracy, verify contracts, and fund and set up loans. You will also provide administrative assistance with all aspects of Direct and Indirect Consumer Lending.
How you will accomplish this:- Develop new relationships and foster existing relationships with auto dealers and other customers throughout the loan process and loan life cycle
- Ensure customers’ questions and issues are addressed in a timely manner
- Perform collection duties for customers with delinquent accounts to ensure loans are brought up to date or arrange payment plans; assist with customer payment disputes
- Assist the Indirect Lending business in the curing of negative reserve accounts, power bookings, or loan buy backs with dealers
- Provide back-up with processing loan applications through various origination channels (incoming phone calls, third party vendors, online, etc.)
- Prepare and review loan documents to ensure compliance with all funding requirements
- Schedule loan closings and process loan closings/disbursements
- Process GL entries to fund direct and indirect loans
- Set up new loans in DNA/Meridian Link and verify data is accurate
- Maintain a title tracking report to ensure all vehicles titles are received and contact the DMV if a title is not received in a timely manner
- Maintain an up-to-date contact tracking list
- Assist Consumer Lending in meeting its goals by participating in inbound and outbound sales campaigns
- Cross-sell other Salem Co-operative Bank products
- Assist with maintaining and compiling statistical data
- Work occasional overtime outside of general business hours if required
- Perform other duties as assigned
- High school diploma with 2 years of experience in a financial institution or equivalent combination of education and experience; Associate’s degree preferred
- Collections experience preferred
- Strong system skills, including Microsoft Office; able to learn new technology quickly
- Lending knowledge and experience with loan origination systems a plus
- Strong verbal and written communication skills
- The ability to exercise judgement, initiative and tact in dealing with auto dealers and team members
- Excellent customer service and problem-solving skills
Salem Co-operative Bank is an Affirmative Action/Equal Opportunity Employer.
Applicants are considered for all positions without regard to race, color, religion, gender, pregnancy, marital status, familial status, national origin or ancestry, age, disability, veteran status, military service, sexual orientation, genetic information, gender identity or other characteristics protected by applicable law.
- Just Posted
Commercial Lending Center Manager - Danvers
- Rockland Trust Career Site
-
Danvers, MA
FULL_TIME
- The Lending Center Manager will be responsible for overseeing a commercial lending team and be responsible for: Achieving revenue growth goals and effectively increasing market share while maintaining...
- 1 Month Ago
Submission Officer
- Vfs Global
-
lawrence, MA
FULL_TIME
- VFS Global, the world’s largest outsourcing and technology services specialist for governments and diplomatic missions worldwide, is currently hiring Enrollment Officer’s in our Application Center in ...
- 5 Days Ago
Security Officer
- Securitas Security Services USA, Inc.
-
Andover, MA
FULL_TIME,PART_TIME
- Security Officer We help make your world a safer place. Securitas is a global company that offers the most advanced and sustainable security solutions in the industry. We are located in 47 countries a...
- 1 Month Ago
Security officer
- Securitas AB
-
Gloucester, MA
FULL_TIME
- Find your perfect role Site Based Security Officer - Gloucester Location : GL10 3SX, Stroud Salary : 9 to 9 per hour Status : Open Job Description This position has a nice structure in the hours you w...
- 1 Month Ago
Security Officer
- Securitas Security Services
-
Andover, MA
FULL_TIME
- Security Officer We help make your world a safer place. Securitas is a global company that offers the most advanced and sustainable security solutions in the industry. We are located in 47 countries a...
- 21 Days Ago
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0 Lending Officer jobs found in Lawrence, MA area
Commercial Credit Underwriter
- Rockland Trust
-
Boston, MA
- Rockland Trust is currently looking to hire a Commercial Credit Underwriter to join the team in Boston. The Commercial C...
- 4/18/2024 12:00:00 AM
Sales Executive
- Treeline Inc.
-
Reading, MA
- Treeline, Inc. is an executive search agency that specializes in the career advancement of sales professionals throughou...
- 4/18/2024 12:00:00 AM
Sales, CJDR Autos, $100,000 Plus Opportunity!
- Central CJDR of Norwood
-
Norwood, MA
- 56 Boston Providence Highway, Norwood, MA 02062 Automotive Sales Consultant Great Income Potential + Generous Benefits! ...
- 4/18/2024 12:00:00 AM
Attorney Associate
- Topkins & Bevans
-
Waltham, MA
- Job Description Job Description We are seeking an Attorney Associate to become a part of our team! You will represent cl...
- 4/17/2024 12:00:00 AM
VP - C&I Commercial Lender - Middle Market - To 175K + Bonus - Hybrid Remote (B
- The Symicor Group
-
Boston, MA
- The Position Our Massachusetts-based bank client is seeking to fill a Hybrid Remote VP - C&I Commercial Lender - Middle ...
- 4/17/2024 12:00:00 AM
Commercial Credit Underwriter
- Rockland Trust
-
Boston, MA
- Rockland Trust is currently looking to hire a Commercial Credit Underwriter to join the team in Boston. The Commercial C...
- 4/16/2024 12:00:00 AM
LAW FIRM ASSOCIATE/PRIVATE EQUITY/DEBT FINANCE
- New England Legal Search
-
Boston, MA
- Premier Boston-based international firm seeks a highly qualified mid-level associate to join their Debt Finance group. S...
- 4/16/2024 12:00:00 AM
Sales Executive
- Treeline, Inc.
-
Reading, MA
- Treeline, Inc. is an executive search agency that specializes in the career advancement of sales professionals throughou...
- 4/15/2024 12:00:00 AM
About Lawrence, Massachusetts
According to the United States Census Bureau, the city has a total area of 7.4 square miles (19 km2), of which 7.0 square miles (18 km2) is land and 0.4 square miles (1.0 km2) (6.07%) is water. Lawrence is on both sides of the Merrimack River, approximately 26 miles (42 km) upstream from the Atlantic Ocean. On the north side of the river, it is surrounded by Methuen. On the south side of the river, the town is bordered by North Andover to the east, and Andover to the south and southwest. Lawrence is approximately 30 miles (48 km) north-northwest of Boston and 27 miles (43 km) southeast of Manc...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Lending Officer jobs
$51,573 to $68,302
Lawrence, Massachusetts area prices
were up 1.6% from a year ago
were up 1.6% from a year ago
What does a Lending Officer do?
Lending Officer in Gainesville, FL
When a client’s profile doesn’t fit the bank’s requirements, Loan Officers are the ones who inform Managers.
December 16, 2019
Lending Officer in Paramus, NJ
Sometimes, even if some aspects of the business are going well, a client will struggle to repay the loan.
October 30, 2019
Lending Officer in Charleston, SC
Managers are also expected to lead and direct loan officers, developing their skills.
February 18, 2020